Orrs Bailey Yacht Club
Orrs Bailey Yacht Club maintains strong financial health with consistent surpluses and zero officer compensation.
EIN: 16015613 · Orrs Island, ME · Updated: 2026-03-28
Is Orrs Bailey Yacht Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Orrs Bailey Yacht Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Orrs Bailey Yacht Club
Orrs Bailey Yacht Club (EIN: 16015613) is a nonprofit organization based in Orrs Island, ME. The organization reported total revenue of $160K and total assets of $893K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Orrs Bailey Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Orrs Bailey Yacht Club is a small nonprofit that has been operating for 64 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $118K |
| Surplus / Deficit | +$36K |
| Total Assets | $872K |
| Net Assets | $872K |
| Operating Margin | 23.2% |
| Months of Reserves | 88.4 months |
Financial Health Grade: A
In 2023, Orrs Bailey Yacht Club reported a surplus of $36K with revenue exceeding expenses, holds 88.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Orrs Bailey Yacht Club's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.3% | -4.6% | +4.1% |
| 2022 | +3.1% | +20.0% | -1.8% |
| 2021 | +24.6% | +43.0% | +0.2% |
| 2020 | -32.4% | -24.3% | +1.5% |
| 2019 | +9.7% | -2.4% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1962 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Orrs Bailey Yacht Club with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Orrs Bailey Yacht Club allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is entirely volunteer-led. This is highly commendable for an organization with assets nearing $900,000, as it ensures that all revenue is directed towards the club's operations and mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Orrs Bailey Yacht Club:
- Consistent financial surpluses, such as $35,690 in 2023 ($154,085 revenue - $118,395 expenses).
- Strong asset growth from $740,669 in 2015 to $871,744 in 2023.
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- Minimal to zero liabilities reported in most periods, reflecting sound financial management.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Orrs Bailey Yacht Club
Is Orrs Bailey Yacht Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Orrs Bailey Yacht Club (EIN: 16015613) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Orrs Bailey Yacht Club spend its money?
Orrs Bailey Yacht Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Orrs Bailey Yacht Club tax-deductible?
Orrs Bailey Yacht Club is registered as a tax-exempt nonprofit (EIN: 16015613). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Orrs Bailey Yacht Club financially stable?
Yes, the Orrs Bailey Yacht Club is financially stable, consistently operating with a surplus (e.g., $154,085 revenue vs. $118,395 expenses in 2023) and growing its assets from $740,669 in 2015 to $871,744 in 2023, with minimal to no liabilities.
How does Orrs Bailey Yacht Club manage its leadership compensation?
The Orrs Bailey Yacht Club reports 0% officer compensation across all 13 available filings, indicating that its leadership is entirely volunteer-based, which is a significant strength for resource allocation.
What is the trend in the organization's revenue?
The organization's revenue has shown a positive trend, increasing from $105,712 in 2021 to $154,085 in 2023, demonstrating consistent financial support.
Filing History
IRS 990 filing history for Orrs Bailey Yacht Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Orrs Bailey Yacht Club's revenue has grown by 4.1%, moving from $148K to $154K. Total assets increased by 7.9% over the same period, from $808K to $872K. Total functional expenses fell by 8.2%, from $129K to $118K. In its most recent filing year (2023), Orrs Bailey Yacht Club reported a surplus of $36K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $118K | $872K | $0 | — | — |
| 2022 | $109K | $124K | $838K | $0 | — | View 990 |
| 2021 | $106K | $103K | $853K | $0 | — | View 990 |
| 2020 | $85K | $72K | $851K | $450 | — | — |
| 2019 | $126K | $96K | $838K | $0 | — | View 990 |
| 2018 | $114K | $98K | $805K | $0 | — | View 990 |
| 2017 | $120K | $93K | $790K | $0 | — | View 990 |
| 2016 | $113K | $90K | $764K | $0 | — | View 990 |
| 2015 | $111K | $112K | $741K | $0 | — | View 990 |
| 2014 | $148K | $119K | $756K | $14K | — | View 990 |
| 2013 | $148K | $122K | $774K | $62K | — | View 990 |
| 2012 | $143K | $124K | $790K | $103K | — | View 990 |
| 2011 | $148K | $129K | $808K | $141K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $118K, and assets of $872K (revenue +41.3% year-over-year).
- 2022: Revenue of $109K, expenses of $124K, and assets of $838K (revenue +3.1% year-over-year).
- 2021: Revenue of $106K, expenses of $103K, and assets of $853K (revenue +24.6% year-over-year).
- 2020: Revenue of $85K, expenses of $72K, and assets of $851K (revenue -32.4% year-over-year).
- 2019: Revenue of $126K, expenses of $96K, and assets of $838K (revenue +9.7% year-over-year).
- 2018: Revenue of $114K, expenses of $98K, and assets of $805K (revenue -4.4% year-over-year).
- 2017: Revenue of $120K, expenses of $93K, and assets of $790K (revenue +5.9% year-over-year).
- 2016: Revenue of $113K, expenses of $90K, and assets of $764K (revenue +1.4% year-over-year).
- 2015: Revenue of $111K, expenses of $112K, and assets of $741K (revenue -24.8% year-over-year).
- 2014: Revenue of $148K, expenses of $119K, and assets of $756K (revenue +0.1% year-over-year).
- 2013: Revenue of $148K, expenses of $122K, and assets of $774K (revenue +3.4% year-over-year).
- 2012: Revenue of $143K, expenses of $124K, and assets of $790K (revenue -3.2% year-over-year).
- 2011: Revenue of $148K, expenses of $129K, and assets of $808K.
Data Sources and Methodology
This transparency report for Orrs Bailey Yacht Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.